Darden Restaurants

Darden Restaurants, Inc., owns and operates more than 1,500 restaurants that generate approximately $6.3 billion in annual sales. Headquartered in Orlando, Fla., and employing 150,000 people, Darden is recognized for a culture that rewards caring for and responding to people. In 2011, Darden was the first restaurant company ever named to the FORTUNE “100 Best Companies to Work For” list. Our restaurant brands – Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s and Yard House – reflect the rich diversity of those who dine with us.

Our brands are built on deep insights into what our guests want. Darden’s scale enables us to have the best systems in the industry, including the best in training and opportunity for our people. As we continue to invest in system updates and upgrades, we’re not only enabling greater consistency, accuracy and efficiency in our restaurants, but giving our people time to make the human touch an even larger part of dining with us. By combining our resources and working closely together, we're able to make every moment matter even more.

Company Growth (employees)
Type
Public
HQ
Orlando, US
Founded
1968
Size (employees)
178,729 (est)+19%
Website
darden.com
Darden Restaurants was founded in 1968 and is headquartered in Orlando, US

Key People/Management at Darden Restaurants

Gene Lee

Gene Lee

President & Chief Executive Officer
Rick Cardenas

Rick Cardenas

Senior Vice President & Chief Financial Officer
Chris Chang

Chris Chang

Senior Vice President & Chief Information Officer

Darden Restaurants Office Locations

Darden Restaurants has an office in Orlando
Orlando, US (HQ)
1000 Darden Center Dr

Darden Restaurants Financials and Metrics

Darden Restaurants Financials

Darden Restaurants's revenue was reported to be $6.9 b in FY, 2016
USD

Revenue (Q1, 2018)

1.9 b

Net income (Q1, 2018)

119 m

EBIT (Q1, 2018)

174.5 m

Market capitalization (13-Nov-2017)

10.5 b

Cash (27-Aug-2017)

146.8 m

EV

11.3 b
Darden Restaurants's current market capitalization is $10.5 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

6.3 b6.8 b6.9 b

Revenue growth, %

8%3%

General and administrative expense

384.9 m

Operating expense total

384.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

2 b2.2 b1.6 b1.6 b1.7 b1.7 b1.8 b1.7 b1.6 b1.9 b1.9 b

General and administrative expense

221.1 m209.3 m160 m190.4 m134.2 m95.2 m87.7 m79.5 m87.2 m98 m

Operating expense total

2 b2.1 b1.6 b1.6 b1.6 b1.6 b1.6 b1.6 b1.5 b1.6 b1.8 b

EBIT

134.2 m221.2 m161.3 m116.5 m229.5 m174.5 m
USDFY, 2014FY, 2015FY, 2016

Cash

98.3 m535.9 m274.8 m

Accounts Receivable

6.4 m

Inventories

196.8 m163.9 m175.4 m

Current Assets

2 b1.1 b820.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

84.6 m127 m690.1 m215.8 m114.7 m116.8 m391.4 m146.8 m

Inventories

418 m461 m162.6 m178.9 m161.8 m183.6 m168 m176.3 m

Current Assets

834.3 m909.2 m1.2 b729.9 m610.8 m683.4 m884.9 m483 m

Goodwill

907.7 m907.6 m872.4 m872.3 m872.3 m872.3 m872.3 m1.2 b
USDFY, 2014FY, 2015FY, 2016

Net Income

286.2 m709.5 m375 m

Depreciation and Amortization

290.2 m

Inventories

(25.6 m)64.5 m(11.8 m)

Accounts Payable

27.2 m(20.9 m)45.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

90 m199.7 m503.2 m470.4 m604.2 m86.4 m235.4 m110.2 m189.7 m355.3 m119 m

Depreciation and Amortization

213.4 m321.9 m78.7 m158.8 m238.4 m81.1 m223.4 m66.8 m134.6 m202.5 m76.1 m

Inventories

(61.2 m)(104.1 m)26.8 m34.9 m55.6 m1.3 m(15.2 m)13.6 m(8.3 m)7.3 m2.6 m

Accounts Payable

65.8 m86.7 m(39.8 m)(36.9 m)(43.5 m)9.8 m(5 m)(27.7 m)(3.5 m)(46.8 m)(5.7 m)
Y, 2017

EV/EBIT

65 x

Financial Leverage

2.5 x
Show all financial metrics

Darden Restaurants Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Rare Hospitality International
Eddie V’s Holdings
Bahama Breeze Holdings
Cheddar's Restaurant Holding Corp.
Seasons 52 Holdings
Rare Hospitality Management LLC
Capital Grille Holdings
Yard House USA
GMRI
Olive Garden of Texas
N and D Restaurants
Cheddar’s Casual Café
Darden Corporation

Darden Restaurants Market Value History

Darden Restaurants's Web-traffic and Trends

Darden Restaurants Online and Social Media Presence

Darden Restaurants Company Life and Culture

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